MS
Harrison
Gulfport
39507
238 Courthouse Road
238 Courthouse Road, Gulfport, MS 39507
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Listing Type
Commercial/Industrial
Listing Status
Active
25
$550,000

Home Details for 238 Courthouse Road

Price
$550,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1968
Lot size acres
0.2
County
Harrison
Garage
Days on site
0
MLS Listing#
4142681
Property Description

Position your portfolio for immediate return with this income-producing commercial opportunity at 238 Courthouse Rd This three-unit commercial building is already generating revenue with a 7% cap rate, offering investors a solid, stabilized asset with dependable cash flow from day one. Whether you're expanding your holdings or entering the market, this property delivers the kind of performance and predictability that matters. Strategically located with strong accessibility, the property benefits from consistent tenant demand and visibility--key drivers for long-term value and occupancy. Bonus Opportunity: An additional adjacent lot is available--purchase it with the property at full list price to expand your footprint, increase future development potential, or secure additional parking and flexibility. Prefer to acquire separately? The lot is offered at $150,000, giving you options to tailor the investment to your strategy. 3 Income-Producing Units 7% Cap Rate Expansion Potential with Additional Lot Strong Location & Accessibility This is more than just a property--it's a scalable investment with upside built in.

Property Features
    Listing Courtesy: Crescent Sotheby's International - 985-345-6802
    Presented by: Holly J Gibbs
    IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.
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    EXIT MAGNOLIA COAST REALTY
    370 Courthouse Rd. Suite 104, Gulfport, MS 39507
    Office
    228 206 0708
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